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METHODOLOGY GUIDE LPG
Quality: Both field-grade and refinery grade butane is included
in the assessment with a maximum of 30% olefins, 85% normal
butane and 49% isobutane. For the CIF quote, product will be
normalized to a specification of 70:30 split with a maximum
olefin content of 10%. Isobutane is considered to be any product
with over 50% isobutane content, and such product is not
assessed by Platts, except in the US Gulf.
Size: The assessment refers to coasters ex-refinery/storage with
full cargoes between 1,000-3,600mt, although smaller full
cargoes or split cargoes may be included at the discretion of the
editor after consultation with the market.
Location: The assessment covers an area represented by a
triangle, with Wilhelmshaven (Germany), Teesside (UK) and Le
Havre (France) as its three corners, and also including Milford
Haven, Fawley and Grangemouth. Product from ports on the
French Atlantic coast, as well as Portugal and the Spanish
Atlantic coast, are not included in assessments.
Timing: Vessels loading 5-15 days from date of publication.
Other: N/A
Dispatch Category LI
12 Char. Symbol PRPBTNNWEBHR
9 Char. Symbol(s) PPBNNESGH · PPBNNESGL
7 Char. Symbol PMAAL00
Earliest Date 05-APR-1985
Vendors BLM CQI DRI EMS FTP FUT KR RTR SAR
Description Butane FOB NEW
PMAAC00 BUTANE FOB ARA
Quality: Both field-grade and refinery grade butane is included
in the assessment with a maximum of 10% olefins, 85% normal
butane and 49% isobutane. Isobutane is considered to be any
product with over 50% isobutane content, and such product is
not assessed by Platts, except in the US Gulf.
Size: Sales onto barges of full cargoes between 420-1,100mt.
Location: FOB Amsterdam-Rotterdam-Antwerp.
Timing: Barges loading between 3-10 days from date of
publication.
Other: N/A
Dispatch Category LI
12 Char. Symbol PRPBTNARABHD
9 Char. Symbol(s) PPBNAASCH · PPBNAASCL
7 Char. Symbol PMAAC00
Earliest Date 05-APR-1985
Vendors BLM CQI DRI EMS FTP FUT KR RTR SAR
Description Butane FOB ARA
EUROPEAN PRODUCTS
35
PMABI00 BUTANE FCA ARA
Quality: Both field-grade and refinery grade butane is included
in the assessment with a maximum of 10% olefins, 85% normal
butane and 49% isobutane. Isobutane is considered to be any
product with over 50% isobutane content, and such product is
not assessed by Platts, except in the US Gulf.
Size: Parcels of 20-500mt.
Location: FCA ARA refers to sales onto railcars and trucks in the
Amsterdam-Rotterdam-Antwerp region
Timing: Loadings ex-refinery/storage between 3-10 days from
date of publication.
Other: N/A
Dispatch Category LI
12 Char. Symbol PRPBTNARABHE
9 Char. Symbol(s) PPBNAASQH · PPBNAASQL
7 Char. Symbol PMABI00
Earliest Date 22-JUL-1994
Vendors BLM CQI DRI EMS FTP FUT KR RTR SAR
Description Butane FCA ARA
PMAAJ00 BUTANE CIF 1-3,000MT
Quality: Both field-grade and refinery grade butane is included
in the assessment with a maximum of 30% olefins, 85% normal
butane and 49% isobutane. For the CIF quote, product will be
normalized to a specification of 70:30 split with a maximum
olefin content of 10%. Isobutane is considered to be any product
with over 50% isobutane content, and such product is not
assessed by Platts, except in the US Gulf.
Size: Full cargoes of between 1,000-3,600mt sold on a CIF basis.
Slightly smaller CIF cargoes may be included at the discretion of
the editor, while CIF cargoes slightly over 3,600mt may
occasionally be sold at prices that correspond most to the 1-
3,600mt market, and therefore may also be included in the 1-
3,600mt assessment.
Location: The assessment covers an area represented by a
triangle, with Wilhelmshaven (Germany), Teesside (UK) and Le
Havre (France) as its three corners, and also including Milford
Haven, Fawley and Grangemouth. Product from ports on the
French Atlantic coast, as well as Portugal and the Spanish Atlantic
coast, are not included in assessments. Sales into the port of Brest
on the French Atlantic coast may be included in the assessment.
Timing: Vessels loading 5-15 days from date of publication.
Other: Please note that Platts has not formally renamed this
assessment even though volumes larger than 3,000 mt are